Cash Isas, Isas, Money, Business, Savings, Banks and building societies, Mortgages, First-time buyers, Property, Investment Isas, Stock markets, Economics, Rachel Reeves, Politics, UK news, Mortgage lending figures, Mortgage rates, Investments, Investment funds Business | The Guardian
City wants more investment in stocks but move could reduce availability of mortgages for first-time buyers Britain’s biggest building society has waded into a row over whether the government should cut tax breaks on cash Isas, arguing such a move would reduce the availability of mortgages for first-time buyers.In recent days it has emerged that the chancellor, Rachel Reeves, is being lobbied by City firms to scale back or ditch tax breaks on the popular savings accounts, which are used by almost 8 million savers each year. Continue reading…
City wants more investment in stocks but move could reduce availability of mortgages for first-time buyers
Britain’s biggest building society has waded into a row over whether the government should cut tax breaks on cash Isas, arguing such a move would reduce the availability of mortgages for first-time buyers.
In recent days it has emerged that the chancellor, Rachel Reeves, is being lobbied by City firms to scale back or ditch tax breaks on the popular savings accounts, which are used by almost 8 million savers each year.
